Future Trend Analysis Report
Prepared for you on Wednesday, June 26, 2019.
NONFAT DRY MILK Oct 2019 (CME:GNF.V19)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for GNF.V19
The long term trend has been UP since Aug 31st, 2018 at 102.025
The intermediate term trend has been DOWN since May 15th, 2019 at 109.250
The short term trend has been UP since Jun 25th, 2019 at 108.750
Smart Scan Analysis for GNF.V19
Based on a pre-defined weighted trend formula for chart analysis, GNF.V19 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).